Just a day after the announcement of the FTX Crypto Chess Cup 2021 by the Play Magnus group, Chess.com launches its crypto related chess event – CryptoChamps Chess by Coinbase.
CryptoChamps announcement
Chess.com is excited to announce the upcoming CryptoChamps tournament powered by Coinbase, an event featuring star personalities from the world of cryptocurrencies. The event will happen on June 12 and 13, starting at 10 a.m. Pacific/19:00 CEST. The total prize fund will be $25,000 and participants will get to choose their preferred charity institution to donate the money to.
The $25,000 total prize fund will be donated to a charity institution chosen by each of the participants and the donations will be made entirely in cryptocurrency. Prizes will be distributed as follows:
Winners Bracket: $15,000
- 1st: $5,000
- 2nd: $3,000
- 3rd and 4th: $1,500
- 5th-8th: $1,000
Consolation Bracket: $10,000
- 1st: $2,000
- 2nd: $1,500
- 3rd and 4th: $1,250
- 5th-8th: $1,000
Participants
Anthony “Pomp” Pompliano
Benjamin Cowen
Jing Wang
Matt Huang
Logic
Daryl Morey
Meltem Demirors
Kevin Owocki
Kain Warwick
Vinny Lingham
Peter McCormack
Ben Forman
Format
The event will consist of a 16-player bracket where players will face each other in Odds matches (using Chess.com’s odds calculator). Games will be in the 10|5 time control, with winners moving on to the Winner Bracket, while the remaining players will continue to the Consolation Bracket.
Full information at the official website
